How to Buy Donut (DONUT)

A Step-by-Step-Guide on how to buy Donut (DONUT)

Step 1 – Signup to Kraken

You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Donut (DONUT) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

Make sure you've selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find Donut (DONUT)

Once your deposit has been confirmed, you'll now have access to your finances and you can commence invest and trading. To purchase Donut (DONUT) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to discover Donut (DONUT), you'll need to put the cointype (DONUT) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we have highlighted this too. Click on “DONUT/BTC” to continue.

Binance Hot To Buy Donut (DONUT)
Binance How to Buy (DONUT) Donut
Step 4 – Acquisition of Donut (DONUT)

After you have found Donut (DONUT), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date tariff Donut (DONUT) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of DONUT you want to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of DONUT.

If you are glad, make a mouse click on “Buy DONUT”. Your plan will be filled when a Vendor trades their DONUT for the price you gave.

Step 5 – Withdraw Donut (DONUT)

Unless you're frequently trading, you should never keepyour crypto on an Crypto Trader for an extended period of time. To take off your Donut (DONUT), hover over the tab called “Funds” and click on “Withdraw”. Donut (DONUT) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Donut (DONUT) by using the given drop-down box. Enter the volumen of Donut (DONUT) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

When you're glad, click on “Submit”. You could be asked for email/phone verification ahead of a take off.

Binance Withdraw

Kudos! You've successfully bought and stored Donut (DONUT).

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the (DONUT) Donut is safe in your wallet, you're finished.

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